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Rise And Fall Of The Free Trade Area Of The Americas

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Chapter Summary

At the First Summit of the Americas celebrated in Miami in December 1994, the elected heads of state of all the countries in the Western Hemisphere but for Cuba met to discuss issues of mutual concern. The First Summit of the Americas in December 1994 was followed by four other meetings of the trade ministers from each of the 34 countries present in Miami. The first so-called Trade Ministerial was held in Denver in June 1995, while the second one took place in Cartagena, Colombia, in March 1996, and a third one was held in Belo Horizonte, Brazil, in May 1997. The fourth Trade Ministerial took place in San Jos, Costa Rica, in mid-March 1998. In January 2002 the Office of the United States Trade Representative (USTR) announced the Bush administrations intention to begin negotiating a free trade agreement with Central America.

Keywords: Central America; free trade agreement; United States Trade Representative (USTR)



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